BIOME BIOPLASTICS LIMITED

• ◆

  Material uncertainty over going concern

  The uncertainty as to the timing and level of conversion of forecast new business represents a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. However, the Directors have a reasonable expectation that this uncertainty can be managed to a successful outcome.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BIOME BIOPLASTICS LIMITED 2009-12-24 → present
2. ADEPT POLYMERS LIMITED 2003-05-02 → 2009-12-24
3. HS141 LIMITED 2002-11-14 → 2003-05-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The uncertainty as to the timing and level of conversion of forecast new business represents a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. However, the Directors have a reasonable expectation that this uncertainty can be managed to a successful outcome.”

Significant events

• “The change in year end is to align to the group change in accounting reference date.”
• “RS Smith resigned on 29 May 2024.”
• “In the reporting period the Group recorded a loss after tax of £2.2m. The Directors' projections include cash flows from forecast new business, principally the conversion of advanced, late-stage Bioplastics opportunities and the recovery in demand within the RF Technologies division where there is strong evidence that contracts will be placed.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.